A Bloomberg Government report says the federal government’s total contract spending reached $682 billion in fiscal year 2020, a 14 percent increase from FY 2019 spending of $599 billion. BGOV said Thursday FY 2020 marks the fifth consecutive year of increase in contract spending and federal agencies primarily used $1.6 trillion in enacted FY 2020...
Propulsion technology maker Agile Space Industries has acquired Tronix3D in a move to transform the former’s aerospace component manufacturing process with the use of 3D printing technology. Agile Space said Thursday Tronix3D, which makes printed metal parts for the aerospace and defense sectors, will operate under the name Agile Additive and ...
The U.S. Air Force has awarded indefinite-delivery/indefinite-quantity contracts worth $950 million in combined value to 22 companies to procure intelligence, surveillance and reconnaissance equipment and services in support of U.S. customers under the Foreign Military Sales program. The Department of Defense said Thursday recipients of the multiple...
Phantom Space has acquired Tucson, Arizona-based flight hardware developer StratSpace for an undisclosed sum in a move to expand satellite launch and data infrastructure offerings. Phantom said Tuesday it aims to offer daily space access by integrating the company’s Daytona and Laguna rocket platforms with core StratSpace technology assets. St...
Jimmy Jenkins, a military and industry leader, has joined BlueHalo as president and general manager of the company’s air and missile defense and C4ISR sector, GovCon Wire has learned. He will directly report to BlueHalo Chief Operating Officer Katie Selbe and will apply his experience and knowledge in space systems, air and missile defense, comman...
Veritas Capital has closed its purchase of Perspecta and will integrate the latter with its portfolio company Peraton to create a combined entity focused on delivering enterprise information technology and mission capability integration support to federal, state and local government agencies. Stu Shea, chairman, president and CEO at Peraton and a 20...
Tom Afferton, president of the cyber mission sector at Peraton, will provide a keynote speaker introduction at GovCon Wire’s Defense Cybersecurity Forum on May 12. He will introduce Morgan Adamski, chief of the National Security Agency’s Cybersecurity Collaboration Center, during the virtual event. Afferton joined Peraton, a portfolio compan...
Stu Shea — chairman, president and CEO at Peraton and a 2021 Wash100 winner — has offered a glimpse into the nine business sectors that will arise out of the Peraton-Perspecta (NYSE: PRSP) merger slated to close in a few weeks. Shea said Thursday in a regulatory filing the businesses set to be formed by...
TODAY is the last chance you have to vote in the 2021 Wash100 Vote Standings to stand behind TEN of your favorite executives who drive success for our industry and community into the future. It’s now or never to submit your votes before this year’s Wash100 voting season will officially come to an end TONIGHT...
CAE Chief Financial Officer Sonya Branco, four-decade industry veteran Brian Morra and former House Armed Services Committee Chairman Mac Thornberry have joined the board of directors at CAE USA. Montreal-based CAE said Thursday its U.S. subsidiary board includes outside directors who provide oversight for the defense contractor’s government s...
